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CHINESE EXEC JAILED FOR LAUNDERING $19.5M THROUGH CRYPTO MIXERS, EXCHANGES

https://cdn.decrypt.co/wp-content/uploads/2025/07/china-digital-yuan-stablecoin-decrypt-style-gID_7.jpg

✍️ A former technology firm executive in Beijing was sentenced to 14 years and 6 months in prison for embezzling 140 million yuan and laundering the funds through cryptocurrency.

👉 Former technology firm executive sentenced to 14 years and 6 months in prison for embezzlement and money laundering 👉 Feng colluded with external vendors to submit false claims and reroute corporate funds 👉 Funds were converted into Bitcoin and other digital assets across eight overseas trading platforms 👉 Authorities traced the flow of funds and recovered over 90 Bitcoin, worth almost $11 million 👉 Case highlights the use of blockchain analytics tools in crypto investigations

-- #Feng #LiTao #DanDadybayo #Beijing #technology

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Feng Li Tao Dan Dadybayo Beijing technology Technology:perspective

7/30/2025

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BITCOIN BACKFIRE: HOW A $20-M EMPLOYEE HEIST CRASHED INTO PRISON TIME

https://www.tradingview.com/x/v6c5ZJzc/

✍️ Eight people have been jailed in Beijing for running a year-long Bitcoin scam that drained over $20 million from a short-video platform.

👉 The scam drained over $20 million from a short-video platform 👉 The gang used fake documents and shell companies to launder the money 👉 Authorities were able to trace the Bitcoin flow and recover over 90 coins 👉 The scam was carried out by eight individuals, including Feng, Tang, Yang, and Wang

-- #Feng #Tang #Yang #Wang #LiTao #Beijing #HaidianDistrict #technology

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Feng Tang Yang Wang Li Tao Beijing Haidian District technology

7/28/2025

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CHINA’S FORMER STATE EMPLOYEES WARNED NOT TO LEAK CLASSIFIED INFORMATION

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✍️ China's top intelligence agency warns former state employees with access to sensitive information to be aware of the risks of leaking state secrets.

👉 China's top intelligence agency warns former state employees with access to sensitive information to be aware of the risks of leaking state secrets. 👉 The agency cited a case involving a former state-owned enterprise employee who was sentenced to six years in prison for leaking state secrets after retiring from his job. 👉 The ministry emphasized that managing these workers after they retire or leave their jobs is a vital component of national security.